These wonderful humans work as your trusted advisor through the home search and purchase process to get your dream deal done!
What is A REAL ESTATE AGENT?
100
This is a favorite first time home buyer mortgage solution.
What is FHA Loan?
100
Name one thing you should not do with your credit when hunting for a new home.
What is CLOSING CREDIT CARD ACCOUNTS?
100
These guys protect your interest through the home buying process and should be lined up prior to offer.
What is YOUR ATTORNEY?
100
Possible big benefit of homewonership.
What are potential tax benefits?
200
YOU should have this in your pocket when starting to look for that home.
What is YOUR MORTGAGE PRE-APPROVAL?
200
THIS IS A TYPICAL 30 YEAR LOAN.
What is A CONVENTIONAL LOAN?
200
The minimum credit score to get approved for a mortgage.
What is 600?
200
New Jersey has some of the highest. They will be paid at the closing table.
What are PROPERTY TAXES?
200
America’s belief in ------ was also evidenced in a recent survey by Pew Research. They asked consumers “How important is ------- to achieving the American Dream?”
The results:
43% said ------ was essential to the American Dream
48% said ------ was important to the American Dream
Only 9% said it was not important
Bottom Line
-------- has been, is and will always be a crucial element of the American Dream.
What is homeownership?
300
This guy or gal is your best friend before, during and after the home search.Hint: on top of your real estate agent.
What is YOUR MORTGAGE BROKER OR LENDER?
300
Lenders review this criteria for approval, includes looking at all of your obligations compared your income.
What is DEBT TO INCOME ratio?
300
The #1 factor used to evaluate your credit score.
What is PAYMENT HISTORY?
300
The Seller pays for this expense.
What is REALTOR COMMISSION?
300
The rock bottom lowest amount that you may put down on your home purchase.
What is 3%?
400
THIS IS WHERE MOST PEOPLE START THEIR HOME SEARCH.
What is ON THE INTERNET!!!!
400
The dude that studies all your mortgage application and makes the final decision to lend you money.
What is EVIL GUY....JK.....THE UNDERWRITER?
400
CONGRATULATIONS YOU HAVE WON!!
What is THE CANDLE DOOR PRIZE?????
400
This is the legal deadline that you will know the exact number for closing costs,and how much you will need at the table.
What is 3 DAYS BEFORE CLOSING DATE?
400
An affordable entry level home that is part of a community.
What is a CONDO?
500
IF there is one of these on the property of your choice, you will need to have it professionally removed and replaced with another alternative..
What is AN OIL TANK?
500
Extra cost on top of your payment because your down payment was low.
What is PMI or Private Mortgage Insurance?
500
NAME one way that you can improve your credit score.
What is DO NOT APPLY FOR NEW CREDIT?
500
Guaranteed Rate Affinity Grant Program where GRA kicks in 2% with 3% down.